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Crystal Palace are handed major boost in bid to play in Europe as French giants are RELEGATED to Ligue 2 in shock decision after league ruling amid financial woes

Related Topics: CPFC, John Textor

French side Lyon have been relegated from the top flight on the back of financial troubles that have now come to a head - handing Crystal Palace a major boost in their bid to play in Europe next season.

The now-former Ligue 1 giants finished sixth in the standings last season, qualifying for Europe, but were handed a provisional relegation during their last meeting with French football body LFP, which said they would be relegated if their situation didn't improve. The decision is subject to appeal.

One of the people responsible is former Crystal Palace shareholder John Textor, who sold his stake in the Premier League side in a bid to allow them to play in Europe next season after Lyon also qualified.